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A leasetoown agreement can be an attractive option if the lessee is considering purchasing the equipment. When a company requires specific hardware to do business, leasing can be a preferable option to buying for several reasons.If Tenant fails to timely pay any month's rent,. Governmental Equipment LeasePurchase Agreement. Contract Number 001-70015381. Financial. PARTIES. Toown agreement is actually made up of two agreements: a standard lease agreement, and; an option to purchase. 03 Conditional Sales Agreement with One Dollar Purchase Option To become an authorized vendor, complete this W-9 Tax Form to submit your company's information to TimePayment. Commercial Lease Agreement Documents. Purchase Order Terms Excluded.